PPP Loan information for Rack technology inc

$227,045

Rack technology inc was initially approved for PPP Loan of amount $227,045, the current approved amount is $227,045. The loan was approved on 04/29/2020 by The PNC Bank, National Association reported 17 jobs and $227,045 was used to fund payroll.

Rack technology inc is Existing or more than 2 years old

PPP Loan Search / TX / ARLINGTON / Rack technology inc

RACK TECHNOLOGY INC

Date Approved

04/29/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

RACK TECHNOLOGY INC

Borrower Address

1001 Enterprise Pl

Borrower City

ARLINGTON

Borrower State

TX

Borrower Zip

76001

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

227045.00

Current Approval Amount

227045.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARLINGTON

Project County Name

TARRANT

Project State

TX

Project Zip

76001-1000

CD

TX-25

Jobs Reported

17

NAICS Code

333298

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

225045.00

Mortgage Interest Proceed

0.00

Rent Proceed

1000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

229681.24

Forgiveness Date

06/24/2021

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